Ripple
Crypto and blockchain infrastructure for financial institutions, including cross-border payments, digital asset custody, stablecoins, prime brokerage and treasury management. The company, originally incorporated as OpenCoin, is behind early development of the XRP Ledger.
VP50 · #35Crypto & digital assetsBlockchain payments, custody and stablecoin infrastructureSan Francisco, United States
FoundersSince 2012
- Valuation
- $50B
- Total raised
- $791M
- Last round · Nov 2025
- Strategic investment
- Founded
- 2012
- Employees
- 1,000
- Quarters in VP50
- 10
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series A | May 19, 2015 | $100M | $28M | Unknown |
| Series B | Sep 15, 2016 | $355M | $55M | SBI Holdings |
| Series C | Dec 20, 2019 | $10B | $200M | Tetragon |
| Strategic investment | Nov 5, 2025 | $40B | $500M | Citadel Securities and Fortress Investment Group |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: #28
- Q2 2025: #24
- Q3 2025: no place
- Q4 2025: #15
- Q1 2026: #27
- Q2 2026: #32
- Q3 2026: #32
- Q4 2026: #35
Place by quarter since Q4 2023. Best place #15.
Funding rounds
DateRound · leadRaisedValuation
Oct 6, 2015Series A extension$4M—
May 19, 2015Series A$28M$100M
Nov 2013Seed$4M—
May 2013Seed——
Apr 11, 2013Angel round——
Signals
- Ripple joins OKX funding extension at $25B pre-money with Circle, QRT, SC VenturesFunding round
- Ripple's RLUSD stablecoin passes $2B market cap, with about $963M issued on the XRP LedgerMilestone
- Private Shares Fund marks its Ripple common shares at $300.00 each as of June 30, 2026Valuation mark
- Ripple Prime closes upsized $275 million senior notes offering, rated BBB by KBRAFunding round
- Ripple takes equity stakes in UK firms ZILO and Licuido; terms not disclosedFunding round
Team
Chris LarsenCo-founder, Executive chairman- Jed McCalebCo-founder
- Arthur BrittoCo-founder
Brad GarlinghouseCEO- Monica LongPresident
- Jon BilichCFO
- Stuart AlderotyChief legal officer
